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Microstrategy Announces 10-for-1 Stock Split to Make MSTR More Accessible to Investors
11.7.2024
Microstrategy Inc. (Nasdaq: MSTR) announced a 10-for-1 stock split of its Class A and Class B common stock on Thursday, aiming to make its stock more accessible to investors and employees. This stock split will be executed via a stock dividend for shareholders of record as of Aug. 1. Each holder...
Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan
11.7.2024
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
11.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bank of Russia Discusses Conditions of Upcoming Stablecoin Regulation
11.7.2024
The Bank of Russia has highlighted the conditions it will need to consider when regulating the use of stablecoins for Russian individuals and companies. The bank stated that before a regulation is enacted, a thorough study of these assets and a discussion with the relevant actors of the market...
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
11.7.2024
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated
Peter Schiff Slams Bitcoin as Fraudulent Investment
11.7.2024
Peter Schiff has increased his earlier complaints to describe Bitcoin as a ‘fraud. ‘ He says this is due to the comparison of the digital currency to traditional precious metals such as gold and silver. He thinks the cryptocurrency requires constant funding for its mining and promotion...
German Government Dumps Over 2300 Bitcoin; Price Remains Steady
11.7.2024
The German government has once again made headlines with another series of Bitcoin sales. In the past 3 hours, authorities have transferred 2,375 BTC, valued at approximately $137.87 million, to various exchanges and addresses. Breaking Down the Latest Transactions This recent move follows...
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
11.7.2024
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling users to access Pudgy World using their .pudgy domain names. The integration allows users to bypass traditional password-based logins, offering a more...
Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
11.7.2024
Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%....
Bitcoin speculators hodl 2.8M BTC in 'worst performing' price cycle
11.7.2024
Bitcoin unrealized losses mount, but unlike previous market cycles, BTC hodlers underwater are keeping a lid on their emotions
UK regulator alerts public to fake solicitor Bitcoin scam
11.7.2024
Email scams requesting cryptocurrency have been gaining popularity among criminals around the world
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
11.7.2024
Increased prospects of Fed rate cuts could bode well for BTC's recovery
Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
11.7.2024
The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions...
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
11.7.2024
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
11.7.2024
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital firm Acrew Capital. The funds will be used to bolster Nala’s business-to-business (B2B) payment platform and support its overall growth plans. New Funding...
Los Angeles Sparks Extend Partnership With Crypto.com Arena Until 2029
11.7.2024
The Los Angeles Sparks, one of the most successful teams in the Women’s National Basketball Association (WNBA), have signed a five-year extension with Anschutz Entertainment Group (AEG) to continue playing at Crypto.com Arena until 2029. This agreement extends a long-standing partnership...
Marathon site manager ducks Texas noise charges amid resident complaints
11.7.2024
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
11.7.2024
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment system and drive innovation. However, BOI Deputy Governor Andrew Abir stated that the BOI is waiting for a major central bank, likely the European Central Bank (ECB)...
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
11.7.2024
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will be mid-March 2025. He stressed that the U.S. presidential election in November will play a crucial role in their approval. Analyst...
CFTC Chair reiterates BTC and ETH are commodities in testimony
11.7.2024
Head of the US commodities regulator, Rostin Behnam, has again argued his agency should be given regulatory oversight of Bitcoin and Ethereum to better protect investors